[cma-l] Esmée Fairbairn Foundation

Richard Hilton Richard.Hilton at bitc.org.uk
Wed Jul 7 19:49:16 BST 2010


As an indication of how tough it's getting see this link

http://www.civilsociety.co.uk/governance/news/content/6882/downturn_bites_for_endowed_charities

which implies that the Esmée Fairbairn Foundation has suffered a 63% fall in their income in their most recent financial years.  'Released this week, Esmée Fairbairn’s accounts for the year ending 31 December 2009 show a fall in total income of £20.3m to £11.7m, almost entirely due to a big drop in investment income'.  

It does add that ' The Foundation maintained its expenditure around the £28m mark'.



Richard Hilton

Business in the Community

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